GE Aerospace stock rises after Mohamed Ali tapped to run engines unit as earnings near
GE Aerospace shares rose 1.4% to $324.48 after the company named Mohamed Ali to lead its expanded Commercial Engines and Services unit, effective February 1. Russell Stokes will retire July 31 after an advisory transition. Investors await GE’s fourth-quarter earnings webcast on January 22. The broader market was steady, with RTX shares up 0.8%.